Post
Topic
Board Announcements (Altcoins)
Re: .............. C ..............
by
CoinsCoinsEverywhere
on 11/12/2017, 06:24:34 UTC
@CoinsCoinsEverywhere You brought a model you wanted us to apply on C, we agreed to respond if you apply that model on Bitcoin.
You declined! We declined.
I'm still not exactly sure what you're looking for here.  My advice (invest rationally and know what and whom you're investing in) applies to all investments of any kind, from ICOs to mature cryptos like bitcoin to stocks to real estate.  Do you disagree?

What do you want me to say about that in regard to bitcoin?  With BTC, and with all other successful cryptos, you should understand what it is before you buy it.  If you don't know anything about bitcoin, then I suggest that either you don't buy it, or that you learn about it first.

The difference between your project and bitcoin is that with bitcoin, you can find all the info you want about it.  You can easily find the white paper, code, info on the current devs, etc.  It is a well-established project, but it's still a high-risk investment.  If you don't understand the potential risks (i.e., what could cause bitcoin's price to crash by 90%+ and either not recover or take many years to recover), then again, I suggest that either you learn about those risks or don't invest.

The bottom line is that every investment, no matter how safe it's considered to be, has risks, and you should understand those risks before investing.  Applying that to your project, you give absolutely no information whatsoever, so it's impossible to understand the risks.  Therefore, in my opinion, it does not seem wise to invest in your project.

I believe that I've applied my advice to bitcoin.  If you think I'm lacking something, please let me know.  I would appreciate it if you would now apply it to your project.